S.Res. 724 · 117th Congress
A resolution expressing the sense of the Senate that the historic definition of a recession is 2 negative…
Full title
A resolution expressing the sense of the Senate that the historic definition of a recession is 2 negative quarters of gross domestic product growth.
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
CruzSponsor3 cosponsors · 3 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This resolution states that two consecutive quarters of negative growth in gross domestic product constitutes a recession.
What it does: CRS summary · Introduced in Senate · Jul 27, 2022
This resolution states that two consecutive quarters of negative growth in gross domestic product constitutes a recession.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A resolution expressing the sense of the Senate that the historic definition of a recession is 2 negative quarters of gross domestic product growth.
Latest action (Jul 27, 2022): Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3745)
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Jul 27, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.